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The Association of Cycle Traders
This is a trade facing website.
Visit the ACTís consumer site at thecyclingexperts.co.uk.

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5 Feb 2019

The government has rejected the recommended delay to the introduction of Making Tax Digital (MTD)


4 Feb 2019

Local Bike Shop Day 2019 is launching today, set the 4th of May aside for an amazing day supporting your local bike shops.

31 Jan 2019

Analysis reports a modest increase in the total number of e-bikes entering the country between January and December 2018.

30 Jan 2019

The ACT is back at iceBike* for another year.

25 Jan 2019

The Government is in danger of missing cycling and walking targets.

25 Jan 2019

Taiwan Cycling and Sporting Goods Seminar give buyers and the media a preview of this year's show and an insight into the bicycle industry in Taiwan.

25 Jan 2019

Madison has just announced that its new Freewheel.co.uk website is opening up to ALL cycling retailers across the UK.

23 Jan 2019

Vosper investigates the new reality of the bike market further in exploring era 3.0 as a driver in the bike market and shifting market strategies.

23 Jan 2019

On the 22nd of January the European Parliament decided that compulsory third party liability insurance is not required for e-bikes.

21 Jan 2019

With Brexit looming over all of our heads, catch up on that you have missed and what happens next.

Calls to delay Making Tax Digital rejected

Posted on in Business News , Cycles News

national living wage

MTD is being introduced with the aim of reducing the tax gap and supporting businesses in providing them with an accurate overview of tax affairs.

The House of Lords Economic Affairs Committee sought out for a one year delay on the implementation of MTD, however, the government has rejected this proposal claiming that the change has already been delayed enough.

The Association of Convenience Stores (ACS) criticised the rejection by the government, saying that awareness and understanding of the change amongst small businesses still remain low with less than two months until MTD takes effect.

The HMRC are now considering the recommendations from the report submitted by the Committee here, and look to continually work closely with the business community, agents and developers to prepare for MTD.

If you want a refresher on what MTD is and a full guide there to support you, click here.

Read the full story on Talking Retail

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